Connect with us


8 Easy Side Hustles in 2023



It turns out that when the going gets tough, the tough take on side hustles. According to an Insuranks survey from 2022, 93% of Americans have a side job. And their most common reasons for getting into the gig economy aren’t surprising: earning cash and paying bills. Inflation is high, after all, and every little bit counts.

Due – Due

Of course, most side gigs aren’t going to bring in millions. But even a modest one can free you up financially. Maybe you’ll be able to get a degree, take a vacation, or save for retirement. Or perhaps you can substitute a flexible hustle for your current part-time work to be home with your kids. That way, you won’t have to lose money to parent your way.

Regardless of why you’re considering joining the hustle, you may want a few tips to get started. Below are several of the hottest types of gigs happening in 2023. Some have very low barriers to entry, making them ideal for just about anyone.

1. Transporting People

One of the biggest side hustler trends is driving for a rideshare company like Uber or Lyft. All you need is a vehicle and insurance to get started. Then, you can work the hours you like and meet interesting people. estimates that the median annual income earned from Uber or Lyft is around $37,400. But, of course, this number depends on many variables, including the city you’re driving in and how many hours you’re willing to drive per week.

Since rideshare drivers don’t make much money per trip, you may want to be available during high-traffic events. For instance, if you live near a sporting event stadium, find out when the next game or concert will happen. Then, be sure you’re ready to provide transportation during the hours before and after the event.

Over time, you’ll learn more customer service secrets to increase your reviews and get more rides. Case in point: You could increase your tips if you offer special, unexpected items. These could include access to phone chargers, small bottles of water, or even facial tissues. The more thought you put into making your rideshare experience stand out, the better.

2. Transporting People’s Treasured Belongings

Let’s say that you like the idea of a ridesharing side hustle. The problem is that you would rather not ferry people around. Are you open instead to transporting people’s belongings or pets? Then you’ll want to check out a site like CitizenShipper.

What makes CitizenShipper’s model a little different is that drivers don’t give people rides. Instead, they give pets, and precious items rides. In fact, CitizenShipper has become known as a premier pet transport platform among breeders and pet parents alike.

Be aware, though, that you’ll have to go the extra mile (pun intended) to become a pet driver. All pet drivers must pass a background check, verify their ID and obtain a USDA registration. CitizenShipper makes this all quick and easy on their platform, and there is no cost to the driver.

Rather just haul packages, motorcycles, and the occasional piece of heavy equipment? Choose to be a regular driver instead. You’ll still get money to hit the open road. CitizenShipper drivers can make anywhere from $6000 to $10,000 per month, depending on the number of trips they make.

3. Making a Hobby Pay Off

During the pandemic, one report suggests that nearly six out of 10 people picked up a hobby. That’s not surprising, given the fact that plenty of folks had more time on their hands. So what better time to learn to crochet or pick up a crafty pastime?

Why not make your hobby pay off by turning it into a side hustle? It doesn’t take much to open your own Etsy store and start selling merchandise. It’s hard to estimate how much money you’ll make since it depends on the specific products you’re selling and the demand for them. Some can quit their jobs and make it a full-time gig, while others make a few hundred bucks per month.

Before you decide to just put pictures of your items online, do a little nudging around. See what other Etsy dealers and shops are selling. Is there something similar to what you’re planning to offer? What are the price ranges? How is shipping set up? You want to remain competitive and not be too far under or above the “going rate” of whatever you offer.

4. Selling Your Unwanted Stuff

Clutter, clutter everywhere. It’s such a common problem. Forty-seven percent of people in one survey admitted they had a junky room that they kept off-limits to special guests. Consequently, if you’re among them, you probably have a similar love-hate relationship with stuff. On the one hand, it’s nice to have things. But, on the other hand, those things can drive you crazy if you don’t use them.

Instead of letting your unwanted stuff collect dust, trade it in on eBay, Poshmark, or a similar site. To help you learn what’s hot among buyers, eBay has a trending page. Spending a little time on it can help you determine what you want to get rid of—and for how much. Don’t expect to fetch high prices on everything you own. However, be open to selling things currently in high demand. (Tech consistently does well and can bring in surprisingly high bids.)

If your closets are choked with apparel, you’re never going to wear, head to Poshmark. The company has set itself up as having nicer things. So make sure you’re very open if something is a little worn or has a hidden flaw. Then, with the money you take in, you can buy snazzy new duds to enjoy 2023 in style.

5. Starting a Blog

Does it seem as if your friends always come to you for advice? Would you consider yourself an expert on a niche topic, like tree identification or mid-century modern lamps? Starting a WordPress blog could be a smart move. According to Indeed, bloggers make an average of $39,186 per year.

Full disclosure: successful blogs take time to develop and drive followings. But if you can build a community, you can start getting advertisers. Each time one of your visitors clicks on an advertisement, you’ll get paid. It won’t be a ton per click. Nevertheless, clicks do add up.

Not sure you’re the writing type? A podcast or YouTube video channel could be an excellent way to showcase your mad skills. Just make sure that you have a plan to share valuable insider tips. No one will stick around to read your blog or listen to your podcast if you’re not unique. On the other hand, if you serve a narrow market, you could position yourself as one of the market’s most influential voices.

6. Live Streaming Your Gaming Experiences

Whether or not you’re a Twitch fan, you can’t deny that the platform has made live streaming huge. So if you’re into live streaming, you could set up a subscriber base and get paid regularly.

Unsure if people will really pay to hear your game or shop (which is significant outside of North America)? You might be surprised. Twitch has impressively high traffic counts. According to Statista, more than 5.6 billion hours were watched on Twitch in 2022 alone. That’s more than YouTube gaming numbers from the same period.

As with blogging, you can get money for live streaming from advertisers and not just followers. You still need a “hook” or a niche. You should also use social media to your advantage. Be sure to set up a social media page with your live-streaming link. It’ll give you another organic way to connect with people and grow your viewership.

7. Becoming a Tutor

A great way to master any skill is to teach it to others. Even some of the greatest minds in the world, like Michangelo and Mozart, shared their knowledge with others. As a side hustle, you can also become a tutor, training others in what you already understand.

Not long ago, tutoring had to be done in person. Now, though, Zoom has opened the door to allow just about anyone to tutor from anywhere. So, for instance, you could tutor someone worldwide as long as you both have a working Internet. The only limits are the ones you put on yourself as far as time goes.

What should you tutor? Music, wealth management, academic studies, sports, performance techniques, writing… whatever you excel at. You might want to work with an existing tutoring company to get started.

Tutors are especially needed for children from other countries who are trying to learn English. You’ll expand their know-how by helping them communicate better with people like you. And you’ll get paid in the process. Payscale estimates the average hourly wage for a tutor is $19.27, although this depends on how specialized your expertise is.

8. Renting Storage Space in Your Home

Storage units can cost a pretty penny. Move estimates that the average per-unit cost is around $180 monthly. That’s more than $2,000 a year. It’s also why you might want to ask yourself if you could store other people’s stuff in your house.

To be sure, this isn’t a side hustle for everyone. You need to have enough room in a safe, clean area to take this plunge. Still, you could be monetizing that space if you have a lot of useless space. Store at My House is a portal that makes it easy for you to connect with people.

Unfortunately, it’s only for users in the Los Angeles area for now. However, don’t let that deter you from looking for other avenues to offer your storage services, such as Craigslist. Even word-of-mouth advertising could be a good fit.

The key to making this work is ensuring you can protect someone else’s things. You may want to invest in gadgets like a self-installed security system or portable dehumidifier. That way, you can assure anyone needing temporary storage that you take your role seriously.

Money doesn’t grow on trees, it’s true. Yet it’s not as hard to put more dollars in your pocket as you might assume. With a little creativity and effort, you can set up a side hustle that lets you get closer to your financial goals.

The post 8 Easy Side Hustles in 2023 appeared first on Due.

Source link


6 Ways to Celebrate Black History Month beyond February



Opinions expressed by Entrepreneur contributors are their own.

Celebrating Black History Month is a great way to honor the significant contributions African Americans have made throughout history. However, to create a truly equitable workplace and ensure that our employees feel seen, heard and valued daily, it’s essential to recognize Black history as an integral part of American history throughout the year.

Research shows that workplace diversity positively impacts employee engagement and productivity. In other words, creating an environment of inclusivity for all employees isn’t just the right thing to do, but it also makes good business sense. An authentic celebration of Black heritage throughout the year can help companies foster understanding and empathy among coworkers from different backgrounds. Such a celebration also allows employees to learn more about their colleagues’ experiences, promoting a deeper sense of community and understanding.

Related: It’s Black History Month. Here’s How to Show Black Employees You Care.

By recognizing Black history all year long, companies can show their employees they care while demonstrating a commitment to creating an environment where everyone feels seen, heard, valued and respected. Celebrating Black culture is one way to ensure all employees feel included in the workplace, no matter what month it is.

Here are six ways to be a better ally and celebrate Black History Month beyond February:

1. Celebrate authentic Black history and culture

Make sure that all employees have access to accurate and current information about the African-American experience and contributions throughout history. Encourage employees to learn more about the accomplishments of African Americans in a variety of fields — from science and engineering to art, music and literature.

How to implement it: Provide employees with a list of books, movies and articles by African Americans that tell the stories of African Americans throughout history. As opposed to non-African Americans telling the stories about African Americans (which has been the norm for too long).

Related: Be Intentional About Diversity

2. Plan authentic events

Celebrate Black History Month by planning events that make meaningful connections to the African-American experience. Invite guest speakers to share their unique perspectives on Black success stories and create opportunities for employees to engage in dialogue about important topics such as race, identity and inclusion.

How to implement it: Engage in an open dialogue with employees about the types of events they would like to participate in, such as movie screenings, group discussions and panel talks. Use their input to plan engaging activities focusing on Black culture and history.

Related: Here’s the No. 1 Question White Leaders Ask Me About Black History Month

3. Show authentic support

Show employees that their contributions are seen and valued by celebrating their success throughout the year. From recognition awards to career advancement opportunities, ensure you’re actively engaging with all of your employees so they know their work is appreciated.

How to implement it: Highlight employee achievements in company newsletters and recognize them at team meetings. These small gestures can go a long way in making your workplace more inclusive for everyone!

4. Host educational events

Consider hosting educational events such as lectures, workshops and brown bag lunches that focus on learning more about the roots of Black history in America. Provide professional development resources and opportunities for employees to engage in meaningful conversations around race, culture, and inclusion.

How to implement it: Invite experts in the fields of African American studies or Civil Rights to speak to employees about the history and legacy of Black people in America.

5. Incorporate inclusive resources into training

Include inclusive language, images, historical facts, etc., into all existing workplace diversity curriculums and training materials. Such a universal approach will help employees become more aware of the impact that race, gender and ethnicity have on daily workplace interactions.

How to implement it: Incorporate examples from Black history into existing diversity training materials such as videos, readings, and case studies. Ask employees for feedback about which resources would be most useful for learning more about Black history and culture.

6. Develop authentic mentorship programs

Invest in mentorship programs focusing on developing collaborations between African American employees and their colleagues of other ethnic backgrounds. Establish safe spaces where everyone can share their experiences openly and without judgment.

How to implement it: Create an inclusive environment through team-building exercises, cross-cultural conversations and networking events. Facilitate dialogue among employees of different backgrounds and encourage them to share their insights and ideas.

Celebrating Black History Month is an important way to remind everyone of the contributions African Americans have made to our society over the last several hundred years. Yet it’s also important that we recognize these achievements throughout the year in the workplace. By incorporating authentic resources into the workplace, employers can create a more inclusive atmosphere for all employees — no matter what month it is.

window.addEventListener(‘load’, function() {

fbq(‘init’, ‘1098588566942656’);
fbq(‘set’,’agent’,’tmgoogletagmanager’, ‘1098588566942656’);
fbq(‘track’, “PageView”);

Source link

Continue Reading


3 Growth Stocks to Buy Now Before They Heat up



The gradual decline in inflation and decelerating wage growth might prompt the Fed to slow the pace of rate hikes this year, which might help growth stocks to stage a recovery. So, fundamentally strong growth stocks Salesforce (CRM), HF Sinclair (DINO), and Box (BOX), which look poised to soar in the near term, might be ideal buys now. Keep reading.

December’s Consumer Price Index (CPI) fell 0.1% for the month, in line with the Dow Jones estimate, marking the largest month-over-month decrease since April 2020. Moreover, the Labor Department reported that employers added 223,000 jobs in December 2022, reflecting a slowdown from the pace of job creation seen earlier in the year.

Also, average hourly pay, which had been increasing at an annual rate of 5% in September, fell to 4.6% in the month.

The sky-high inflation and the Fed’s aggressive interest rate hikes to tame it have affected growth stocks significantly last year. However, the easing inflationary pressures and declining wage growth signals that the Fed’s rate hikes are having their intended effect, which might prompt the Fed to slow its rate hike pace.

The Fed is widely anticipated to deliver a 0.25 bps rate hike in its next meeting, a step back from a 0.50 bps hike last month.

Furthermore, as per Fundstrat Global Advisors co-founder Tom Lee, US stocks will surge back toward record highs in 2023 once the Federal Reserve signals that it’ll ease up on its monetary-tightening campaign. Lee also said that he expects the S&P 500 to steadily climb to hit 4,800 points this year.

Given this backdrop, fundamentally strong growth stocks Salesforce, Inc. (CRM), HF Sinclair Corporation (DINO), and Box, Inc. (BOX) might be ideal buys for solid returns this year.

Salesforce, Inc. (CRM)

CRM provides customer relationship management technology that brings companies and customers together worldwide. The company’s service offerings include Sales, Service, Marketing, and Commerce. The company provides its services through direct sales, consulting firms, systems integrators, and other partners.

The company’s forward Price/Book multiple of 2.79 is 32.8% lower than the industry average of 4.15.

During the third quarter that ended October 31, 2022, CRM’s total revenues increased 14.2% year-over-year to $7.84 billion. The company’s gross profit increased 14.5% year-over-year to $5.75 billion, and non-GAAP income from operations increased 30.9% year-over-year to $1.78 billion.

The consensus EPS estimate of $1.36 for the fiscal fourth quarter ending January 2023 indicates a 62.3% improvement year-over-year. The consensus revenue of $8 billion for the same quarter represents a 9.2% year-over-year growth. CRM has an impressive earnings surprise history as it has surpassed the consensus EPS and revenue estimates in each of the trailing four quarters.

Also, the company’s revenue and levered free cash flow have grown at a CAGR of 24.1% and 21.8%, respectively, over the past three years.

The stock has gained 26.7% over the past month to close the last trading session at $167.97.

CRM’s POWR Ratings reflect its promising outlook. The stock has an overall rating of B, which translates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.

It has an A grade for Growth and a B for Sentiment. Within the 138-stock Software – Application industry, it is ranked #27.

Beyond the POWR Ratings just highlighted, you can access additional CRM grades for Value, Momentum, Stability, and Quality here.

HF Sinclair Corporation (DINO)

DINO is an independent petroleum refiner that produces and markets high-value light products such as gasoline, diesel fuel, jet fuel, renewable diesel, and other specialty products.

Its forward non-GAAP P/E of 3.80x is 53.8% lower than the industry average of 8.23x. Its 0.27 forward non-GAAP PEG multiple is 59.6% lower than the industry average of 0.68.

The company pays $1.20 annually as dividends, which translates to a yield of 2.81% at the current price. Its four-year average dividend yield is 2.99%.

DINO’s sales and other revenues grew 126.2% year-over-year to $10.60 billion for the third quarter that ended September 30, 2022. Its adjusted EBITDA increased 267.9% year-over-year to $1.50 billion. The company’s adjusted net income increased 368.2% year-over-year to $982.90 million, while its adjusted EPS rose 257.8% year-over-year to $4.58.

Street expects DINO’s revenue to increase 106.6% year-over-year to $37.99 billion for the fiscal year 2022. Its EPS is expected to rise 789% year-over-year to $14.96 for the same year. The company has surpassed the consensus revenue estimates in all of the trailing four quarters.

Moreover, the company’s net income and EPS have grown at a CAGR of 39.1% and 33%, respectively, over the past three years.

The stock has gained 9.7% over the past month and 61.8% over the past year to close the last trading session at $56.90.

It is no surprise that DINO has an overall rating of B, equating to a Buy in our POWR Ratings system.

It has a grade of A for Growth and Momentum and a B for Quality. It is ranked #10 among 93 stocks in the B-rated Energy – Oil & Gas industry.

In addition to the grades stated above, we’ve also rated DINO for Value, Sentiment, and Stability. Get all DINO ratings here.

Box, Inc. (BOX)

BOX provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device.

On January 10, BOX announced that BETC, a global communications, marketing, and advertising agency, have chosen BOX’s secure content management capabilities to power collaboration and accelerate processes around content management.

Sebastien Marotte, President of EMEA at BOX, said, “We’re delighted to support BETC in powering the next generation of creative content for their prestigious clients. We look forward to our continued partnership as BETC continues to expand its use of Box and develop its Content Cloud journey.”

In terms of forward non-GAAP PEG, BOX is currently trading at 1.36x, which is 14.8% lower than the industry average of 1.60x. Its forward Price/Cash flow multiple of 16.32 is 11.2% lower than the industry average of 18.37.

BOX’s revenue increased 11.6% year-over-year to $249.95 million in the third quarter that ended September 30, 2022. Its gross profit rose 15.2% year-over-year to $185.46 million. Also, its EPS came in at $0.03, compared to a loss per share of $0.12 in the year-ago period.

Analysts expect BOX’s revenue to rise 9.9% year-over-year to $256.48 million in the fiscal fourth quarter ended January 2023. Its EPS is estimated to grow 42.6% year-over-year to $0.34 in the same quarter.

Its revenue and levered free cash flow have grown at a CAGR of 15.1% and 29.1% over the past five years.

The stock has gained 22.4% over the past year to close the last trading session at $31.99. It has gained 10.1% over the past month.

BOX’s strong fundamentals are reflected in its POWR Ratings. It has an overall B rating, which equates to a Buy in our proprietary rating system.

It also has an A grade for Growth and Quality and a B for Value. BOX is ranked #6 among the 78 stocks in the Technology – Services industry.

Click here for the additional POWR Ratings for Stability, Momentum, and Sentiment for BOX.

Consider This Before Placing Your Next Trade…

We are still in the midst of a bear market.

Yes, some special stocks may go up. But most will tumble as the bear market claws ever lower.

That is why you need to discover the brand new “Stock Trading Plan for 2023” created by 40-year investment veteran Steve Reitmeister. There he explains:

  • Why it’s still a bear market
  • How low stocks will go
  • 9 simple trades to profit on the way down
  • Bonus: 2 trades with 100%+ upside when the bull market returns

You owe it to yourself to watch this timely presentation before placing your next trade.

Stock Trading Plan for 2023 >

CRM shares were trading at $168.63 per share on Wednesday morning, up $0.66 (+0.39%). Year-to-date, CRM has gained 27.18%, versus a 5.98% rise in the benchmark S&P 500 index during the same period.

About the Author: Kritika Sarmah

Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor’s degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.


The post 3 Growth Stocks to Buy Now Before They Heat up appeared first on

window.addEventListener(‘load’, function() {

fbq(‘init’, ‘1098588566942656’);
fbq(‘set’,’agent’,’tmgoogletagmanager’, ‘1098588566942656’);
fbq(‘track’, “PageView”);

Source link

Continue Reading


OpenAI Rolls Out New Tool to Combat ChatGPT Plagiarism



Since its launch in November, ChatGPT has disrupted various industries — from real estate to law. However, in the context of academia, teachers have growing concerns about whether using the tool is considered cheating.

ChatGPT, created by artificial intelligence company OpenAI, has the power to create essays, poetry, draft legal documents and more when given a prompt. While the results may need some editing, the tool’s efficiency has garnered worldwide attention for its accuracy.

Related: Professionals In This Industry Already Can’t Imagine Life Without ChatGPT: ‘I Can’t Remember the Last Time Something Has Wowed Me This Much.’

Public schools in Seattle and New York City have already banned the use of the tool over cheating concerns and its power to disrupt genuine learning. Now, OpenAI has announced a new feature that may help teachers spot the presence of ChatGPT in essays and other assignments, CNN reported.

The feature, called “AI text classifier,” is similar to the plagiarism software Turnitin in that when submitting a body of text, the tool will rate the input on a scale ranging from “likely generated by AI” to “very unlikely.”

While educators have been longing for such a tool to combat the increasing use of ChatGPT, OpenAI has admitted that the new feature is “imperfect” and should be “taken with a grain of salt,” CNN reported.

“We really don’t recommend taking this tool in isolation because we know that it can be wrong and will be wrong at times – much like using AI for any kind of assessment purposes,” Lama Ahmad, policy research director at OpenAI, told the outlet. “We are emphasizing how important it is to keep a human in the loop … and that it’s just one data point among many others.”

Related: Princeton Student Builds ChatGPT Detection App to Fight AI Plagiarism

Despite the imperfection of the new feature, OpenAI told CNN that the decision to release the “AI text classifier” has to do with hopefully deterring individuals from claiming AI text was composed by a human, as well as addressing the question of whether humans have a right to know if they are interacting with artificial intelligence.

“This question is much bigger than what we are doing here; society as a whole has to grapple with that question,” Jan Leike, a lead on the OpenAI alignment team, told CNN.

window.addEventListener(‘load’, function() {

fbq(‘init’, ‘1098588566942656’);
fbq(‘set’,’agent’,’tmgoogletagmanager’, ‘1098588566942656’);
fbq(‘track’, “PageView”);

Source link

Continue Reading


%d bloggers like this: